Liquid hire for Partners Group

The Swiss-based alternatives firm, Partners Group, has appointed a seasoned professional in North America from Liquid Realty Partners, the San Francisco-based firm that reportedly halted fundraising of its latest vehicle earlier this year.

Partners Group, the global alternative asset investment firm based in Switzerland, has taken on a seasoned professional to boost its North American deal-making capabilities.

The company said it had hired Mark Degner as managing director charged with expanding investment activities in the Americas region, concentrating specifically on direct real estate.

The 25-year property veteran has amassed more than $10 billion of deals in his career, noted Partners, most recently putting capital to work as senior managing director at Liquid Realty Partners, where he was head of investments and portfolio management. His appointment comes just weeks after Liquid reportedly halted fundraising activities for its latest vehicle, the $800 million Liquid Realty Partners (LRP) V, according to sources familiar with the matter.

Prior to Liquid Realty, Degner was an executive director at Morgan Stanley between September 2000 and January 2009 where his job included the creation of real estate investment platforms. He has also held positions at Lend Lease Real Estate Investments, the logistics group Prologis and Trizec-Hahn.

Partners Group is headquartered in Zug in Switzerland and has offices in San Francisco, New York, Sao Paolo, London, Guernsey, Paris, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney.